clearing

Policy Regula

2026-10-23 16:35:42

Cboe Clear U.S. wins SEC approval to expand clearing scope

Cboe Clear U.S., a unit of the Chicago Board Options Exchange (CBOE), has received approval from the U.S. Securities and Exchange Commission (SEC) to expand the scope of its clearing business, according to ChainCatcher. The brief did not disclose what additional products, asset classes, or services are covered by the approval, and no implementation timeline was provided in the source text. The update points only to the regulatory approval itself and identifies the entities involved: Cboe Clear U.S., CBOE, and the SEC. No further operational details were included in the original item.

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Ripple

2026-10-06 16:44:19

Brevan Howard picks Ripple Prime for brokerage, clearing and financing

Brevan Howard, the alternative investment manager that backed Ripple last year, will use Ripple Prime for prime brokerage, clearing and financing across multiple asset classes, the companies said Tuesday. The deal was described as an expansion of an existing relationship, though the firms did not disclose financial terms, identify which Brevan Howard funds are included, or say when the services will begin. According to the announcement, Brevan Howard manages about $35 billion for institutional clients including sovereign wealth funds, pension plans and endowments, with a focus on global macro and digital asset strategies. Group Chief Operating Officer Alan McGroarty said Ripple had built a differentiated platform that should improve operational ease and capital efficiency for Brevan Howard’s investment teams. Ripple Prime President Noel Kimmel said the mandate reflects the unit’s competitive position and its ability to operate across asset classes. The agreement adds to a relationship that already included investment ties. Funds managed by Brevan Howard affiliates participated in Ripple’s $500 million strategic investment round in November 2025, a deal that valued Ripple at $40 billion. Ripple Prime itself is the former Hidden Road, the non-bank prime broker Ripple agreed to acquire for $1.25 billion in April 2025 before taking over in October. Since then, Ripple has expanded the unit with new product support, debt financing capacity and additional capital markets activity.

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Ripple

2026-10-06 15:24:51

Ripple broadens Brevan Howard partnership with prime brokerage, clearing and financing services

Ripple has expanded its relationship with Brevan Howard, with Ripple Prime set to provide multi-asset prime brokerage, clearing and financing services to funds managed by the global investment manager. Brevan Howard oversees about $35 billion in assets, and the new arrangement gives it access to Ripple Prime across both traditional and digital asset markets, according to a Tuesday announcement. The agreement extends an existing tie between the two firms: funds affiliated with Brevan Howard took part in Ripple’s $500 million investment round in 2025, a deal that valued Ripple at $40 billion. Brevan Howard chief operating officer Alan McGroarty said the growing links between digital and traditional markets are increasing demand for institutional-grade digital asset infrastructure that can offer investors a smooth experience. The announcement also comes as Ripple continues to build out its prime brokerage business after raising $275 million in August through a senior note offering and after acquiring prime broker Hidden Road for about $1.25 billion in 2025.

400

Gate

2026-09-09 11:18:08

Gate and RQD* Clearing Explore Strategic Tie-Up Around Clearing, Compliance and Tokenization

Gate said it is exploring a strategic partnership with clearing and custody firm RQD* Clearing, according to an official announcement cited by Odaily. The two sides plan to discuss potential cooperation across digital assets, clearing and market infrastructure, regulatory compliance, and asset tokenization. Gate said the talks are intended to combine its digital asset service capabilities with RQD* Clearing’s financial market infrastructure strengths to identify new areas of business synergy. Gate founder and CEO Dr. Han said the company is focused on building infrastructure that supports the growing convergence of digital assets and traditional financial markets, and that it expects to explore opportunities with RQD* Clearing in clearing, infrastructure, compliance, and tokenization. RQD* Clearing provides clearing, custody, and technology infrastructure for broker-dealers, registered investment advisers, overseas financial institutions, and proprietary trading firms, while offering real-time business data and flexible platform support through its in-house technology.

1060

liquidation

2026-09-01 18:32:57

$110M Liquidated in 4 Hours; BTC Loses $38.21M

Over the past 4 hours, total crypto liquidations reached $110 million, with longs accounting for $97.46 million and shorts $12.83 million, according to Coinglass. Bitcoin liquidations were $38.21 million, while Ethereum liquidations stood at $3,173.

1080

RQD

2026-08-27 14:33:35

RQD raises $74 million led by Bain Capital to expand tokenization infrastructure

U.S. clearing and custody firm RQD has raised $74 million in a funding round led by Bain Capital, according to CoinDesk. The company said it plans to use the capital to expand its digital asset and tokenization infrastructure. The raise comes as Wall Street firms prepare for tokenized markets, placing RQD among the companies building the plumbing needed for that shift. The report identifies RQD as a clearing and custody provider in the U.S., with the new funding tied directly to its push into digital assets and tokenization-related services. No additional deal terms were disclosed in the source summary.

850

Ripple

2026-07-23 07:15:14

Ripple Prime Joins NSCC Directory, Bringing XRP Ledger to Traditional Finance Clearing

Ripple Prime has officially joined the NSCC directory after regulatory approval, enabling blockchain-based post-trade settlement in US markets via XRP Ledger. The move follows the acquisition of Hidden Road, and institutional products like stablecoins and options are expanding on XRPL.

520

OKX

2026-07-21 06:03:16

Why the OKX-ICE venture is really about markets that never close

OKX and Intercontinental Exchange are setting up a 50:50 joint venture, OKXICE, in a move that TechFlowPost frames as much more than a reputational upgrade for a crypto exchange. The article argues that the deal exposes a deeper fault line between crypto and traditional finance: crypto did not simply introduce new assets or new venues, it removed the closing bell. ICE, the parent of the New York Stock Exchange and a major provider of trading, clearing, data and market infrastructure, already has licenses, institutional relationships and regulatory standing. What it does not have, the piece says, is native control over a market built around continuous time, global users, stablecoin liquidity, perpetual futures and real-time risk that does not pause for weekends or banking hours. That is where OKX comes in. The analysis also revisits Bakkt, ICE’s earlier crypto push, to argue that compliance alone cannot manufacture a market. In this telling, OKX offers something Bakkt could not: an existing 24/7 user and liquidity ecosystem. The article then shifts to the harder questions around collateral, clearing, customer segregation, tokenized securities and regulatory boundaries, especially after OKX-related entities in 2025 admitted to operating an unlicensed money-transmitting business in the U.S. and paid more than $500 million in penalties and forfeitures. Its central point is not that crypto has finally entered mainstream finance, but that traditional finance is being forced to confront a market with no closing bell and no clean weekend reset.

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